Five Benefits of Working With a Woman-Owned Business
Where we celebrate Women's History, we must also recognize the stark disparity in capital and revenue that persists between businesses owned by women and those owned by males. When COVID-19 impacts are taken into account, the discrepancy has only grown in many aspects. A company can profit from working with a WBENC-certified WBE in several ways, including the following. Let’s dive into more WBENC information . 1. Offers Tax Incentive Programs Your business may profit tax-wise in numerous ways from working with a WBENC-certified WBE. The federal government offers tax breaks to people who do business with organizations made up of women- and minority-owned companies. Additionally, when a project is sponsored by federal, state, or local grants or loans and the supplier is a woman-owned business, the tax obligations are lowered. Tax incentives might be provided in some states. When you work with Miller Tanner, all the WBENC certification data you require for tax purposes is convenientl